No. The Consistency Rule is calculated based on accumulated profitable trades, not net daily profit.

This means that for the consistency calculation, only profitable trades are added. Losing trades are not deducted from the consistency P&L.

Example: Winning and losing trades on the same day

Let’s say a trader has the following trades in one day:

Trade 1: +$1,000

Trade 2: +$500

Trade 3: -$300

Trade 4: +$200

For normal net P&L, the calculation would be:

$1,000 + $500 – $300 + $200 = $1,400

However, for the consistency calculation, only profitable trades are counted:

$1,000 + $500 + $200 = $1,700

So, the consistency P&L for that day will be $1,700, not $1,400.

This is because losing trades are not deducted when calculating the daily consistency P&L.